VillageCapital To Offer $50,000 To Budding Entrepreneurs

6 May, 2016, New Delhi: A leading global venture development organization, Village Capital, is inviting applications from Indian education entrepreneurs to participate in a mentoring program that aims to find, fund and take to scale powerful ideas that can improve poor students’ chances of obtaining college education and prospective jobs.

Funded by the Michael & Susan Dell Foundation, the initiative aims to attract innovative enterprises for a highly personalized, three-month program. Selected entrepreneurs will be imparted an award-winning, comprehensive, entrepreneur coaching program curriculum, receive one-on-one mentorship from leaders in the field and get opportunities to network with potential strategic partners and investors.

At the end of the program, the top two participants selected by their peers in the group, will receive an offer of US $50,000 from VilCap Investments and will also be evaluated by Michael & Susan Dell Foundation for a further investment of up to US $500,000 each.

Eligible enterprises will also have to prove they have a functioning core team, a reasonably well established set up that is demonstrating good results and an interest in raising USD 500,000 – US $1,000,000 in the next 12 -18 months in order to grow in size and scale.

Applications to the program are now open and those who apply earlier will have a better chance of being considered and selected.

In keeping with its global goals of supporting entrepreneurs take their powerful ideas to scale, Village Capital’s program for Indian education enterprises aims to attract, support & grow some of the most innovative ideas currently circulating in the college education space for underserved students.

“We’re implementing this program to help the next generation in India prosper. By helping students complete college and gain the skills necessary for great careers, our entrepreneurs will be helping strengthen the middle class of India and give hope to families across the country,” says Ross Baird, Executive Director, Village Capital.

Nitin's passion for covering news filled with facts and valuable information has taken him to explore new horizons in the field of journalism. He strongly believes that startups in India have great potential of changing the face of the country and is extremely passionate about covering great work happening in the startups and tech ecosystem in India.